‘Bangladesh economy showing resilience’

The first-ever Purchasing Managers' Index shows slower expansion at 62.2 in April
9 May 2024, 10:39 AM

bKash reported profit surge in 2023

Mobile financial service provider bKash logged a profit of Tk 103.9 crore in 2023, up by a massive 504 percent year-on-year
9 May 2024, 08:39 AM

‘Market-based interest rates will be painful for businesses’

CPD Distinguished Fellow Mustafizur Rahman says
8 May 2024, 19:17 PM

Nearly 80% of households have no access to credit: report

Nearly 80 percent of households of plainland ethnic minority communities have no access to credit, be it formal or informal sources, as per a new study made public yesterday.
8 May 2024, 18:00 PM

Removing SMART system a significant step: economist

Zahid Hussain, a former lead economist of the World Bank’s Dhaka office, termed as the most significant step the abolition of the SMART system among the three changes brought yesterday by the central bank.
8 May 2024, 17:17 PM

Exporters to win, consumers to bear the brunt

The exporters have already welcomed the central bank's move to devaluate the local currency, which they have long been waiting for.
8 May 2024, 16:51 PM
8 May 2024, 15:15 PM

Prioritise sustainable revenue generation, IMF tells Dhaka

IMF mission concluded its 15-day visit to Bangladesh today
8 May 2024, 13:15 PM

Stocks fall amid profit booking

The prime index of the DSE decreased 0.6% before closing the day at 5,690.78
8 May 2024, 12:22 PM

DSE seeks knowledge from Nasdaq, Swedish stock exchange

Cooperation is sought for product development, technology upgradation, monitoring and financial literacy
8 May 2024, 11:24 AM

Hike tax on cigarettes to boost revenue collection

The tax on cigarettes in Bangladesh should be raised in the national budget for fiscal 2024-25 to boost the country’s revenue generation and minimise health risks, according to experts.
7 May 2024, 18:30 PM

Shipping Corporation's profit down 27% in July-March

State-owned Bangladesh Shipping Corporation (BSC) has witnessed a year-on-year drop in both revenue, generated from renting out its seven vessels, and associated profit in the first nine months of this fiscal year of 2023-24.
7 May 2024, 18:00 PM

Tk 34,000 crore investment proposals came in Jan-Mar: Bida

302 industries will make the investments
7 May 2024, 14:54 PM

Economic crisis may deepen in 2026: Debapriya

Bangladesh will face a severe crisis in 2026 as the government has availed a significant amount of loans from foreign lending agencies and local banks which it will have to repay, said Bhattacharya.
7 May 2024, 13:56 PM

Crawling peg system: A welcome step but will it be enough to boost reserves?

The crawling peg system for the taka is a delayed and, perhaps, inadequate response to the bleeding of forex reserves. Some economists suggest the central bank should go beyond this formula and open the exchange rate to market forces to stop the continuous erosion of reserves. Either way, exporters and remitters will celebrate more flexibility in the exchange rate.
7 May 2024, 13:35 PM

US trade show begins May 9

It will be the 29th edition of the three-day exhibition
7 May 2024, 12:40 PM

Dhaka stocks break five-day gaining streak

The DSEX fell 1.74 points to 5,725.28
7 May 2024, 11:40 AM

Banglalink draws the curtain on 3G

Banglalink has recently phased out its 3G networks, becoming the country’s first mobile operator to bid adieu to the technology, and repurposed those resources, including spectrum, to enhance the quality and speed of its 4G services
7 May 2024, 11:15 AM

Bangladesh uses Oracle’s full cloud services at data centres 

The Bangladesh Data Center Company Limited (BDCCL), a government-owned data storage and disaster recovery services provider, has equipped its data centres with the Oracle Cloud Infrastructure (OCI) Dedicated Region
7 May 2024, 06:26 AM

State-run oil companies see double-digit profit growth

The three state-run oil companies in Bangladesh booked double-digit growth in profits during the first nine months of the current fiscal year even after a decline in sales mainly due to a rise in income from bank deposit interests.
6 May 2024, 18:30 PM